By Diplomacy Journal Lee Kap-soo Ambassadors from four Nordic countries visited Pohang City Hall on April 18 and discussed mutual cooperation in new industries with Pohang City Mayor Lee Kang-deok. The ambassadors visited Pohang were those from Denmark, an offshore wind power powerhouse; Norway, the world's No. 1 electric vehicle penetration rate and the largest possessor of smart aquaculture technology; Sweden, Europe's largest battery manufacturer and clean power source; and Finland, which has become a key producer of the battery value chain. Their visit was organized at the suggestion of Da
By Diplomacy Journal Lee Kap-soo Munich Re today announced the appointment of Ajeet Phatak as CEO Korea Branch on April 18. His appointment is subject to regulatory reporting procedures. Phatak will report to Hitesh Kotak, who will be Chief Executive - Japan, India, Korea and South-East Asia as of 1 August 2024. As CEO Korea, Ajeet Phatak will be responsible for Munich Re’s Branch and Property and Casualty (P&C) reinsurance business in Korea. Ajeet Phatak succeeds Michael Hauer, who will be Head of P&C South-East Asia based in Singapore as of 1 September 2024. Roland Eckl, Chief Execut
By Diplomacy Journal Lee Jon-young President Yoon Suk-yeol received Evan Greenberg, Chairman of the U.S.-Korea Business Council on April 18. President Yoon noted that Mr. Greenberg's father, former AIG Chairman Maurice Greenberg, has a strong connection to Korea, having fought in the Korean War and served as the fourth chairman of the U.S.-Korea Business Council from 2003 to 2005, and expressed his gratitude for Chairman Greenberg's contributions to the advancement of U.S.-Korea relations. The President also emphasized that the support and contributions of the business community in both countr
By Diplomacy Journal Lee Jon-young Goyang Special City Mayor Lee Dong-hwan, who is visiting Vietnam, signed business agreements with the Vietnam Agricultural Trade Promotion Center and the Mekong Research Institute for Science, Technology, Education and Application on April 15, and visited the Vietnam National Innovation Center (NIC) and the Vin University to solidify cooperation. "I hope that we can establish a win-win cooperation system that will open up opportunities for Goyang companies to enter Vietnam in the future, and for Vietnamese companies to establish themselves in the free economi
By Diplomacy Journal Lee Kap-soo President Kassym-Jomart Tokayev of Kazakhstan has enacted the laws of Kazakhstan “On Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan Regarding the Protection of Women’s Rights and Children’s Safety” and “On Amendments and Additions to the Administrative Offenses Code of Kazakhstan Regarding the Protection of Women’s Rights and Children’s Safety” on April 15, 2024 in Astana, Kazakhstan. These laws significantly strengthen protections for women and children. The Kazakhstan Senate passed the legislation on April 11, following its
Diplomacy Journal Lee Kap-soo Kazakhstan, under the leadership of President Kassym-Jomart Tokayev, has embarked on a transformative journey of political and economic modernization. Since his election in 2019, President Tokayev has implemented a series of comprehensive reforms aimed at reshaping the country's political landscape and driving economic diversification and growth. Political Reforms Kazakhstan's political reforms have been multifaceted, addressing various aspects of governance and representation. Four comprehensive packages of political reforms were introduced between 2019 and 2021,
By Diplomacy Journal Lee Kap-soo The Embassy of Bangladesh in Seoul hosted a reception at the Lotte Hotel, Seoul on April 15, 2024 to commemorate the Independence and National Day of Bangladesh. A great number of foreign ambassadors, senior diplomats, high-ranking Korean and foreign government officials, business leaders, and their spouses attended the event filled with great fervor and festivity. Among the VIP guests at the reception were Deputy Minister for Protocol Affairs of the Ministry of Foreign Affairs of the Republic of Korea Kim Tae-jin and David Kim, Honorary Consul General of Bangl
By Diplomacy Journal Lee Jon-young "The priority of the national government is people's lives," President Yoon Suk-yeol said at his first meeting with Prime Minister Han Deok-soo after the general election on April 15, adding, "Let's do our best to stabilize people's lives." Yoon also asked the prime minister to "review the working atmosphere of the civil service and the discipline of the civil service in order to stabilize people's lives," according to his spokesperson Kim Soo-kyung. Yoon had also issued a message emphasizing "civil stability" on April 11, the day after the general election.
By Diplomacy Journal Lee Kap-soo The following is the full-text of the speech by Chairperson of the IFAS Executive Committee Askhat Orazbay on the commencement of Astana's Chairmanship in the International Fund for Saving the Aral Sea. It was contributed by the Embassy of Kazakhstan in Seoul to Diplomacy Journal for publication. –Ed. Dear readers! My name is Askhat Orazbay and I am the Chairperson of the Executive Committee of the International Fund for Saving the Aral Sea (IFAS), in which Kazakhstan holds the chairmanship for 2024-2026. I would like to share with the audience information abou
By Diplomacy Journal Lee Kap-soo The construction of a major battery manufacturing complex in Arizona, announced by LG Energy Solution, is on track to be completed in two years with the first round of hiring expected to begin at the end of this year. The company provided progress updates on its $5.5 billion (7.2 trillion won) stand-alone facility during a stakeholder meeting on April 3 at Combs High School in San Tan Valley near the town of Queen Creek where the complex is located. The attendees included Brian Oh, Head of Mobility & IT Battery Division at LG Energy Solution; Hyung Kim, Hea
Diplomacy Journal Lee Jon Young | TCG KINALIADA corvette, built as a state facility under Turkiye's national warship program MILGEM, will embark on an Asian tour from April 8 to August 19, 2024, visiting 20 countries to raise the profile of the Turkiye Navy, promote the national platform, and improve bilateral relations with the countries visited. TCG KINALIADA's first port of call will be Jeddah, Saudi Arabia, followed by visits to Djibouti, Somalia, Maldives, Bangladesh, Malaysia, Indonesia, Thailand, China, South Korea, and Japan. After Japan, it will visit the Philippines, Singapore, Sri L
By Diplomacy Journal Lee Kap-soo Senior officials from China and Kazakhstan, Kyrgyzstan, Turkmenistan, Tajikistan, Uzbekistan gathered in Xian on March 30, 2024, to inaugurate the Secretariat of the Central Asia-China cooperation mechanism. From the Kazakh side, Deputy Foreign Minister Alibek Bakayev attended the Central Asia-China Secretariat opening ceremony. In particular, it was underlined that the launch of the Secretariat was an outcome of the 1st Central Asia-China Summit, which took place in Xian in 2023. He highlighted the foreign policy priorities of Kazakhstan, including good-neighb
By Diplomacy Journal Lee Kap-soo Chonnam National University President Jung Sung-taek meets with Serbian Ambassador to Korea President Jung Sung-taek of Chonnam National University received a visit from the Ambassador of the Republic of Korea to Serbia Nemanja Grbic at the reception room of the university headquarters on April 8 and talked about international exchanges. At the meeting, the Serbian ambassador introduced Serbia and Kragujevac University and showed an active stance on exchanges with Chonnam National University. President Jung Sung-taek expressed his gratitude for visiting Chonnam
By Diplomacy Journal Lee Kap-soo Jecheon City Mayor Kim Chang-kyu recently held a meeting with the Chinese Ambassador to the Republic of Korea Xing Haiming to explore ways to cooperate in attracting Chinese companies to invest in Jecheon. The meeting was attended by Jecheon Mayor Kim Chang-kyu, Chinese Ambassador to Korea Xing Haiming, Deputy Chief of Mission Fang Kun. They listened to the difficulties faced by Chinese companies in entering Korea and discussed continued cooperation for investment in Jecheon. As the atmosphere for attracting foreign companies to Korea is currently heating up, w
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